Announced Sat, 4 Jul · 16:36 IST
16th AGM notice on July 27, 2026 with major borrowing and dilution resolutions
Board & Shareholder Meetings View source PDF
MGEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹16.94
prior close
₹16.94
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7-4.7-2.0—-0.2-1.1-0.1-1.9+0.0-2.7-1.8———
Up moveDown movePending
AI summary
AGM on July 27, 2026 at 2 PM via video. Items cover FY26 accounts, final dividend of Rs 0.01 per share, director re-appointment, raising borrowing and inter-corporate loan limits to Rs 3,000 crores, converting up to Rs 3,000 crores of debt into equity, ESOP vesting clarification to 1 to 5 years, and appointment of Reena Unmesh Wagh as Executive Director. Remote e-voting runs July 23 to 26.
Likely market impact
Huge jump in borrowing limit and debt-to-equity conversion approval raise dilution risk for existing shareholders. Dividend is a token payout.